Key CERTiFy study confirms CERAMENT’s properties
Update | 19 November 2018
The proof that CERAMENT BVF is equivalent to autologous bone graft, the current gold standard, in treating complex fractures is a major step in the marketing strategy developed to properly differentiate the CERAMENT platform from other synthetic bone void fillers. Management focus is now on ensuring the positive data is used to exploit the renewed commercialisation organisation, especially the new distribution partnerships in the important US market. We maintain our valuation at SEK2,042m or SEK37/share as we await greater visibility on successful execution of the strategy.
|Year-end: December 31||2016||2017||2018E||2019E|
|Adj. PBT (SEKm)||(109.6)||(127.9)||(176.7)||(133.9)|
|Net Income (SEKm)||(110.2)||(128.9)||(177.8)||(134.4)|
19 November 2018
|Shares in issue||55.6m|
|12 month range||SEK9.04-26.5|
|Primary exchange||OMX Stockholm|
Bonesupport is a Swedish ortho-biologics company focused on developing and commercialising a pipeline of unique injectable drug eluting bioceramic bone graft substitutes based on its proprietary CERAMENT technology.
+44 (0) 20 3637 5043
Mick Cooper PhD
+44 (0) 20 3637 5042
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